Building wealth is about regular saving, intelligent investing and continuous learning. Manage personal finance, planning cashflow, saving and tracking money expenses are boring part and very slow on creating wealth. While buying and selling stocks are very interesting and challenging job in investment strategy which will make you thinking always.

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Tuesday, July 8, 2008

KNM Daily Chart

The key support level of KNM was broken on 2nd July 2008. Couple with a heavy traded volume of 7.7 million shares, the prospect of a lower decline looked likely. However much to the surprise of investors, the stock defied gravity and closed higher on 4th July 2008 completing a bullish reversal candlestick pattern known as the piercing pattern.